We are pleased to share our latest update on the peanut crop progress in Argentina for May.
General Overview
May marked the beginning of the final stretch of the 2024/25 season, with digging fully completed and harvest progressing more slowly than expected, hindered by both weather and logistical factors.
Localized and intense rainfall especially complicated conditions in northern Buenos Aires, eastern Córdoba, and central-northern Santa Fe, where excess moisture still limits machinery access.
Despite these constraints, the crop has shown acceptable performance in most areas, although with marked variability.
Harvest Progress
Harvest progress for the 2024/25 season remains slow, with only 25% completed so far. Digging has been fully finalized, but recent rains and an insufficient, outdated machinery fleet are limiting harvest pace to cover the more than 500.000 hectares planted.
At the same time last season, harvest progress had already surpassed 45%.
Continued dry and sunny weather will be crucial to maintain an adequate harvest pace and avoid further losses. It will also be key to receiving peanuts with controlled moisture, thus avoiding the need for massive artificial drying.
Crop Quality
Yields remain within a good to very good range, though with high variability. Even within the same region, there are fields showing very different results, a direct consequence of the significant climate variability during critical growth stages.
Under this scenario, the average yield is currently estimated at 3,4 tn/ha.
On the other hand, the current shelling ratio stands at 71.81% (preliminary), reflecting a 2.26% drop compared to the previous season. This decline may be linked to residual effects of drought stress during pod filling (January), which impacted the proportion of usable kernels per shell.
General Outlook
The season enters a decisive stage under challenging conditions: although digging is complete, harvest progress remains slow due to weather and limited machinery capacity. Yields and quality are highly variable, making it difficult to project supply. Expectations now hinge on favorable weather to complete harvest and preserve product quality.
Although the crop shows an acceptable average yield, there is still significant variability between fields and a slight decline in the shelling ratio. In this context, it is still too early to make solid estimates regarding total exportable volume and final product characteristics.
However, what is clear, is that with a 20–25% increase in planted area compared to last year, there will be Argentinian peanuts available in the global market.
